Japan: Tankan business sentiment index by company size 2024

The Tankan survey, conducted from February to March 2024, revealed that the Diffusion Index (DI) of business conditions evaluated by large enterprises in Japan stood at 22 points. Among medium-sized enterprises, the index reached 14 points.

The Tankan survey stands for the Short-Term Economic Survey of Enterprises in Japan. It is conducted once in three months with the aim of providing an accurate picture of business trends of enterprises in Japan. The target of the survey are private enterprises (excluding financial institutions) in the country with a capital of 20 million Japanese yen and more.

Diffusion Index (DI) of current business conditions of business enterprises in Japan from March 2018 to March 2024, by company size

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Release date

April 2024

More information

Region

Japan

Survey time period

March 2018 to March 2024

Number of respondents

9,118 business enterprises*

Special properties

paper and online survey

Method of interview

Questionnaire

Supplementary notes

*Sample size of survey conducted from February 27 to March 29, 2024.

99% response rate.

Judgment of general business conditions of responding enterprises, primarily in light of their profits.

Possible answer choices:

favorable, 2. not so favorable, 3. unfavorable

Calculation method of the diffusion index: DI (% points) = percentage share of enterprises responding "favorable" minus percentage share of enterprises responding "unfavorable".

Figures prior to December 2023 are from previous reports.

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